Quantitative Easing Should Continue

Fed Bank of St. Louis president says Fed should continue buying bonds because growth is slower than expected.

By Lu Wang and Inyoung Hwang, Bloomberg|May 21, 2013 at 10:58 AM

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U.S. stocks rose, erasing earlier losses, after Federal Reserve Bank of St. Louis President James Bullard said the central bank should continue its bond buying to boost growth that is slower than expected.